About Elephant Money
ELEPHANT.MONEY implements a voluntary, sustainable, and permissionless global economic engine on top of a collection of blue chip assets, a core rewards token (ELEPHANT), and a stable coin (TRUNK). The ELEPHANT.MONEY protocol is a 100% complete and finished product and provides yield and price appreciation in any market cycle.
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Market Stats
Market Cap
$19,328,284.06
-0.34%
FDV
$38,786,270.31
Circulating Supply
498,327,988,510,458.2 ELEPHANT
Max Supply
1,000,000,000,000,000 ELEPHANT
Total Supply
497,340,777,012,249.7 ELEPHANT
Diluted Valuation
$40,365,328.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$267.57
-0.89%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.00000059
Overall Price Change (1Y)
-0.81%
Additional info about Elephant Money
Recent trends
The price of Elephant Money has decreased by 0.06% in the last hour and decreased by 0.17% in the past 24 hours. Elephant Money’s price has also risen by 0.02% in the past week. The current price is $0.00000004 per ELEPHANT with a 24-hour trading volume of $267.57. Currently, Elephant Money is valued at 93.23% below its all time high of $0.00000059. This all-time high was the highest price paid for Elephant Money since its launch. The current circulating supply of Elephant Money is 498,327,988,510,458.2 ELEPHANT which means that Elephant Money has as total market cap of $19,328,284.06.
Market details
ELEPHANT vs markets
↘ 85.33%
ELEPHANT vs BTC
↘ 87.88%
ELEPHANT vs ETH
↘ 68.56%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xE283D0e3B8c102BAdF5E8166B73E02D96d92F688 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00000004 | ↘ 0.17% |
1 Day | $0.00000004 | ↘ 0.17% |
1 Week | $0.00000004 | ↗ 0.02% |
1 Month | $0.00000004 | ↘ 0.28% |
1 Year | $0.00000021 | ↘ 81.00% |
FAQ
Elephant Money (ELEPHANT) is a digital asset that operates on the Binance Smart Chain. It seeks to provide a unique approach to wealth accumulation through both active and passive compensation methods. ELEPHANT is designed to serve as a store of value, with a transaction fee of 10% applied to all transfers of the token. This fee is divided equally between payments to existing holders and locked liquidity. The ELEPHANT token is part of a larger ecosystem that includes a treasury and a stablecoin called TRUNK. The treasury is used to generate yield for the managed redemption of the TRUNK stablecoin. ELEPHANT holders may receive compensation simply by holding the token in their wallet, as every transaction (buy, sell, and transfer) incurs a 10% fee, half of which is distributed evenly to all existing token holders, and the other half is added towards locked liquidity.
Elephant Money operates on a mechanism that involves a transaction fee on all transfers of the ELEPHANT token. This fee is split evenly between payments to existing holders and locked liquidity. The ELEPHANT token is part of a larger ecosystem that includes a treasury and a stablecoin called TRUNK. The treasury, also known as Bertha, acts as a reserve of funds used to absorb the circulating supply of ELEPHANT and provide funding for the redemption pool. The treasury collects compensation from incoming trading volume and ensures a managed redemption of 1:1 regardless of peg. This means that holders can always redeem TRUNK for $1 USD worth of assets, as long as they are willing to wait in the redemption queue for the system to receive the funds to process their order.
Elephant Money seeks to provide a unique approach to wealth accumulation through both active and passive compensation methods. It can be used as a store of value on the Binance Smart Chain, with a transaction fee applied to all transfers of the token that is divided equally between payments to existing holders and locked liquidity. The ELEPHANT token is part of a larger ecosystem that includes a treasury and a stablecoin called TRUNK. The treasury is used to generate yield for the managed redemption of the TRUNK stablecoin.
Elephant Money has a starting supply of one quadrillion ELEPHANT tokens. The initial token distribution took place as a 1-week liquidity drive event, from 05/04/2021 - 05/11/2021. During this period, participants could add BNB as liquidity to receive ELEPHANT tokens. The distribution of each ELEPHANT token was determined by the amount of tokens available and the total BNB amount raised after the liquidity event had ended. Once the raising period concluded, 25% of a quadrillion tokens was distributed to those who provided liquidity during the drive, 49% of a quadrillion tokens was removed from circulation and sent to the graveyard address, 1% was allocated towards marketing and development purposes, and the remaining 25% was used to provide locked liquidity for the official distribution.
We update our Elephant Money to USD currency in real-time. Get the live price of Elephant Money on Coinbase.
The current market cap of Elephant Money is $19.33M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Elephant Money is $0.00000059. This all-time high is highest price paid for Elephant Money since it was launched.
Over the last 24 hours, the trading volume of Elephant Money is $267.57.
Assets that have a similar market cap to Elephant Money include UMI, Raptor Finance, SaveYourAssets, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Elephant Money is 498 trillion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#5812
Contributors
40
Posts
110
% About Elephant Money
0%
Hold times
0 days
X (Twitter)
35.85% bullish
Sentiment
0.0 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
40 unique individuals are talking about Elephant Money and it is ranked #5,812 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Elephant Money has an average sentiment score of 0 out of 5. Finally, Elephant Money is becoming less newsworthy, with 0 news articles published about Elephant Money.
On Twitter, people are mostly neutral about Elephant Money. There were 36.54% of tweets with bullish sentiment compared to 1.92% of tweets with a bearish sentiment about Elephant Money. 63.46% of tweets were neutral about Elephant Money. These sentiments are based on 23 tweets.
On Reddit, Elephant Money was mentioned in 65 Reddit posts and there were 64 comments about Elephant Money. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.